Toyota Motor Corp said on Tuesday it would build a new diesel engine factory in Thailand for 17.3 billion yen ($162 million) with capacity of 150,000 units per annum.
The new plant, to be built on its existing factory 70 km southeast of Bangkok, will add Toyota’s annual capacity of diesel engine to 350,000 units and [...]
Thailand’s total vehicle sale is expected to reach forecasted target despite higher oil prices, said Vehicle Industry Association president Suparat Sirisuwanangkul.
Mr. Suparat said he is confident that the domestic sale of vehicle would grow as targeted of 680,000 units while the export hits 770,000 units, up 20 per cent from last year, on hefty demand [...]
Thailand has earned about Bt139.5 billion (US$4.3988535 billion) from the export of fully assembled cars, motorcycles and parts during the first quarter of 2008, an official said Monday.
Surapong Paisitpatnapong, spokesman of the Federation of Thai Industries (FTI) Automotive Industry Club, said that the value of exports jumped 33.66 per cent from the comparable period of [...]
Bangkok - Thailand, already the world’s second largest producer of one-ton pickup trucks (after only the US), earlier this month secured itself an eco-car niche in the globe’s competitive auto manufacturing sector. On April 2, Thailand’s Board of Investment (BoI) granted tax incentives to Toyota, Mitsubishi and Tata to invest a combined 536 million dollars [...]
Bangkok - Ratan Tata, chairman of the Tata Group, plans to be in Bangkok March 28 for the launch of the Tata Xenon 1-ton pickup at the Bangkok International Motor Show, news reports said Thursday. The launch of the Thailand-made Tata Xenon is to be the chairman’s second launch this year after he personally launched [...]
Automobile distributor Yontrakit said it is mulling the production of Japanese’s Mitsuoka sport car in Thailand.
President of the company Soravit Leenutpong said that the production would be for export markets. Yontrakit is studying the possibility to use its idled assembly factory in Lat Krabang district to produce Mitsuoka cars.
However, he declined to release further details [...]
Energy Ministry is talking with energy firms to discuss the oil prices after diesel surpassed $127 a barrel in Singapore market.
In the meantime, PTT, an energy provider, said it will revise the pump prices upwards in a couple of days.
“Diesel would go up by 40 to 50 satang despite government’s new issue of 90-satang subsidy,” [...]